4 Great Reasons to Refinance Your Home

Refinancing a home can allow you to shorten your loan term. This gives you an opportunity to avail better rates on your mortgage.

You can also save a lot on the payment if you are able to refinance at a lower interest rate.

Choosing to refinance your home can allow you to move from an adjustable rate plan to a fixed rate plan. This not only makes it easier for you to budget but also protects you from fluctuating interest rates.

Our San Antonio Bankruptcy Attorney has created the below infographic to help you. Please download this image on your desktops, ipads, tablets, laptops, chromebooks and smartphones.

If you'd like to get a free consultation, please contact our bankruptcy lawyers.

For helping you get a better understanding of Bankruptcy, we have setup a Bankruptcy Information Center at our website.

Protect yourself from Fraud

Protect yourselves from financial fraud by following some simple prevention strategies.

For example, it is important to do thorough background checks on those you're dealing with. Be sure of all possible parameters before wiring money to a seller.

Double check monthly financial statements with your bank in case you find charges you don't recognize. Verify health supplements with your doctor before taking them.

Take care to not deposit checks and wire money back. The responsibility for depositing a fake check rests on you. Do not send money to anyone you don't know well. Never share your personal financial information with anybody.

Our San Antonio Bankruptcy Attorney has created the below infographic to help you to a handy list of Dos and Donts to prevent fraud. Please download this image on your desktops, ipads, tablets, laptops, chromebooks and smartphones and glance it once before making any decision which involves finances.

If you'd like to get a free consultation, please contact our bankruptcy lawyers .

For helping you get a better understanding of Bankruptcy, we have setup a Bankruptcy Information Center at our website.

Side Effects of PayDay Loans

A payday loan is a small, short-term unsecured loan, marketed as a quick, easy way to tide borrowers over until the next payday. In a previous post on Pay Day loans , we covered how they work.

Our San Antonio Bankruptcy Attorney has created the below infographic to help explain PayDay loans and their side effects. If you'd like to get a free consultation, please contact our bankruptcy lawyers .

For helping you get a better understanding of Bankruptcy, we have setup a Bankruptcy Information Center at our website.

Understanding Debt

What is Debt? What is the difference between Good and Bad Debt? How much Debt is too much?

Our San Antonio Bankruptcy Attorney has created the below infographic to help answer these common questions regarding Debt in the simplest possible manner. If you'd like to get a free consultation, please contact us .

For helping you get a better understanding of Bankruptcy, we have setup a Bankruptcy Information Center at our website.

Houston Closer to Tightening Restrictions on Short Term Loans

Payday and title loan operators may soon find it more difficult to lend money in Houston.  The Houston Chronicle reports, Mayor Annise Parker let the controversial business owners know she considers their business practices harmful to the city's hard working citizens.  Parker rejected a compromise between the city and the industry.  The full Houston City Council is prepared to vote in December on regulations that mirror those passed in other major cities in Texas.

Despite seemingly wide spread opposition to the industry across Texas, state lawmakers have consistently failed to pass meaningful reforms to limit the predatory loans.  We hear from workers daily who have fallen into the payday/ title loan trap.

    "Often just one loan begins a snowball effect that only deepens a consumer's financial frustrations," says San Antonio Bankruptcy Attorney, Gerald Moton.
 
     "The types of loans do much more harm than good and more regulations are long overdue."

When consumers become overwhelmed with short term loans and trapped in the cycle of debt, bankruptcy can offer a fresh start.  Both Chapter 7 and Chapter 13 bankruptcy offer consumers protection from these types of creditors.
 
     "Relief is probably the most common emotion my clients who were struggling with these types of predatory loans feel after they file for bankruptcy.  The fleecing of their pay checks stops and they get a fresh start,"  Moton adds.

If you or someone you know if struggling with debt,  bankruptcy might be a helpful option.  Click here for a free evaluation.